Leading the way in Enterprise Data Management for Energy Unlocking your information’s full potential Why Manage Data? Managing data has become a major issue for many companies. The challenge is how best to manage an increasing rate of growth in data and information, and meet the requirements of employees, clients, customers and regulatory authorities. Failure to address Data Management issues has been the downfall of many companies. This is because the impact of poor data and information is to limit knowledge which leads to poor decision making and increased risk. The Business Problem The energy sector is now faced with finding and producing energy more efficiently with less staff and managing a higher cost base, whilst still having to comply with stringent regulatory requirements. Typical problems we have encountered at companies include: • The value of data is not clearly understood • A lack of standardization of applications, tools and data • A lack of processes for handling and managing data • Poor collaboration between the business and IT • Poor data quality or data of unknown provenance • Data architecture does not meet requirements • A lack of integration across multiple systems, databases and applications How can Venture Help? Venture is expert at helping companies keep up with these demands for cleansing, integrating, analysing and managing business data. This includes setting policies and implementing governance in order to protect data assets. Our consultants have the experience and knowledge to enable them to identify issues, design solutions, and plan and implement practical changes that will ensure a real and lasting benefit. Venture Information Management has been providing services to the energy sector for nearly two decades. Venture’s domain knowledge coupled with our information management expertise makes us uniquely qualified to help energy companies meet their information management needs. Venture Information Management Ltd. Wessex House, Drake Avenue, Staines, Middlesex, TW18 2AP t +44 (0)1784 224100 f +44 (0)1784 224131 www.venture.co.uk info@venture.co.uk Our Framework Venture Services Advisory services Venture consulting is about deriving lasting business value from your investment in Data Management. We understand how business needs drive your information systems and not the other way around. Project services Venture follows a best practice project management framework that is based on the model widely used in the energy sector. Our project managers are also PRINCE2 qualified. Managed services Venture has experience in managing a variety of services, including: data loading and management, document and records management, application support, programme management and enterprise content management. Understanding Your Needs and Requirements We understand that companies require tailored solutions that meet their individual needs. We start by listening to establish a detailed understanding of a company’s issues and concerns. Based on many years of experience, we will develop a ‘Roadmap’ to achieve a more efficient data management framework, which may include: The Benefits Our clients have obtained many benefits by improving the way they manage their data and information including: • Trusted data and information to guide improved decision making in a timely fashion • Improved sharing of data and reusing data across multiple applications, systems, business processes and users • Improved efficiency and cost control of managing data • Technical data integration • Mitigation of risk from poor decisions, based on poor quality data • Master data management • Releasing time for staff to be more productive • Data quality improvement • Databases and web solutions • Technical systems implementation • Outsourcing and service delivery • IM strategy and process implementation To find out more about information management for energy contact Venture on +44 (0) 1784 224100 or send us an email: info@venture.co.uk Venture Information Management Ltd. Wessex House, Drake Avenue, Staines, Middlesex, TW18 2AP t +44 (0)1784 224100 f +44 (0)1784 224131 www.venture.co.uk info@venture.co.uk